Every week, ESI Digest breaks down the weekly happenings within the esports trade, making sense of issues so that you don’t need to. In addition to being housed on YouTube, ESI Digest is on the market on all main podcast platforms and can also be out there in written type beneath.
This week on the ESI Digest, we cowl ESL and Guinevere Captial launching the League of Legends Circuit Oceania, Nerd Road Avid gamers elevating $11.5m in further funding, PUBG esports’ 2021 plans, PGL saying a Dota 2 main, plus Anzu’s $9m funding.
This version of the ESI Digest is in partnership with attire and esportswear agency We Are Nations.
League of Legends Circuit Oceania (LCO) unveiled by ESL and Guinevere Capital
Esports organiser and manufacturing firm ESL and advisory and funding agency Guinevere Capital have unveiled the League of Legends Circuit Oceania (LCO), a brand new eight-team League of Legends competitors.
The brand new match turns into the premier League of Legends esports occasion within the Oceanic area after Riot Video games pulled the plug on the Oceanic Professional League (OPL) final yr.
Beginning on February 23rd, Oceania’s League of Legends gamers will compete in a brand new format for the area. Over the course of eight weeks and 19 playdays, eight groups will compete in a double round-robin format.
PUBG esports unveils 2021 construction
South Korean online game holding firm KRAFTON, Inc. has revealed the construction of its PUBG esports ecosystem for 2021.
The upcoming season, which begins with PUBG International Invitational.S (PGI.S) this week, will consist of 4 world PUBG esports occasions all year long.
Nerd Road Avid gamers raises $11.5m in further funding
Esports infrastructure firm Nerd Road Avid gamers (NSG) has raised $11.5m (£8.48m) in further funding, with the spherical led by enterprise capital agency Founders Fund.
In response to the discharge, the extra funds shall be used to speed up the corporate’s progress. This spherical of funding comes after the corporate raised $12m (~£8.8m) by its Collection A funding spherical in October 2019.
Anzu raises $9m in newest funding spherical
In-game promoting platform Anzu has raised $9m (£6.56m) in its newest spherical of funding, with the likes of BITKRAFT Ventures and Sony Innovation Fund turning into traders.
The capital raised shall be used to broaden the corporate’s industrial progress alongside funding gross sales and advertising and marketing initiatives to help in transferring it ahead on a worldwide scale.
PGL to host 2021 Singapore DOTA 2 Main in March
Esports match organiser PGL has introduced it’s going to host the Singapore DOTA 2 Main, the primary Main of the 2021 DOTA Professional Circuit (DPC) season.
The offline occasion, scheduled to happen between March 27th and April 4th, would be the first Main to happen since January 2020.
Danish esports org North shutters
After simply 4 years, Danish esports organisation North has introduced its closure by an announcement posted on the official Soccer Membership Copenhagen (FCK) web site.
Within the announcement, translated from Danish, traders Parken Sport & Leisure and Nordisk Movie state that as a consequence of COVID-19’s impact on the expertise trade, the 2 companions will pull their investments from the esports workforce and as a substitute concentrate on their core companies.
ESI Digest, in partnership with We Are Nations, is a part of ESI Community, a set of podcasts encompassing the esports trade. For deep dives into the key areas of esports with subject material consultants, try ESI Focus. For conversations with key personnel and main stakeholders in esports, ESI Perception is the collection for you.